India Debuts Bitcoin Policy Institute on Independence Day

2025-08-15 15:11

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What is India's new approach to Bitcoin, and why is it considered revolutionary?

How does India's Bitcoin move align with its global economic goals?

What could India's Bitcoin Policy Institute mean for the future of cryptocurrency worldwide?

India Debuts Bitcoin Policy Institute on Independence Day — Image source: Unblock Media

On August 15, 2025, India inaugurated the Bitcoin Policy Institute (BPI) to champion financial sovereignty.
The initiative aims for a 150,000 BTC production target by 2030, alongside job creation and renewed adoption efforts.

On August 15, 2025, India marked its Independence Day with the announcement of the Bitcoin Policy Institute (BPI), the nation’s first Bitcoin-focused think tank. Cryptopolitan reported that the BPI’s mission is to bolster financial sovereignty by strategically utilizing Bitcoin.

One of the institute’s major initiatives involves sovereign Bitcoin mining powered by renewable energy, with an ambitious goal of producing 150,000 BTC by 2030. This project is expected to generate approximately 200,000 jobs, offering a significant boost to employment opportunities in the sector.

The BPI also plans to establish a strategic Bitcoin reserve aimed at reducing India’s reliance on international payment systems such as SWIFT, while lowering remittance costs. Through this, the institute hopes to contribute to a more secure and independent financial ecosystem for the country.

Further priorities include education, research, political advocacy, and the facilitation of Bitcoin adoption in commerce and payments. The BPI envisions fostering a sustainable crypto ecosystem that supports widespread integration of Bitcoin within India’s growing economy.

India’s cryptocurrency sector has seen robust adoption among its citizens but continues to grapple with regulatory ambiguities, high tax rates on crypto trades and capital gains, and dependency on foreign exchanges. The establishment of the BPI is viewed as a potential step forward in fostering a more supportive regulatory framework for Bitcoin.

As of 15:08 UTC on August 15, 2025, Bitcoin (BTC) is trading at $117,344.01, marking a 1.25% drop over the previous 24 hours, according to CoinMarketCap. Its 24-hour trading volume also declined by 28.86% to $76.2 billion, reflecting continued activity in the market.